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Rasandik Engineering Industries India Ltd. engages in the manufacture of automotive components and accessories. Its product portfolio include tailored welding blanks, engineering solutions, tools and dies, body in white (BIW) parts, suspension parts, fuel tanks, exhaust line and computer numerically control (CNC) bending, scissor jack, and white goods. The company was founded by Deepika Kapoor and Rajiv Kapoor in 1986 and is headquartered in Gurgaon, India.

Rasandik Engineering Industries India Dividend Announcement

Rasandik Engineering Industries India announced a annually dividend of ₹1.50 per ordinary share which will be made payable on . Ex dividend date: 2008-09-04
Rasandik Engineering Industries India's trailing twelve-month (TTM) dividend yield is -%

Rasandik Engineering Industries India Dividend History

Ex-Div dateDividend amountDividend typePay date
2008-09-04₹1.50annually
2007-08-30₹1.00annually
2006-08-17₹1.50annually
2005-08-11₹1.50annually
2004-08-04₹1.20annually
2003-09-17₹1.00annually

Rasandik Engineering Industries India Dividend per year

Rasandik Engineering Industries India Dividend growth

Rasandik Engineering Industries India Dividend Yield

Rasandik Engineering Industries India current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Rasandik Engineering Industries India stock? Use our calculator to estimate your expected dividend yield:

Rasandik Engineering Industries India Financial Ratios

P/E ratio6.13
PEG ratio0.06
P/B ratio0.64
ROE10.87%
Payout ratio0.00%
Current ratio0.00
Quick ratio0.00
Cash Ratio0.00

Rasandik Engineering Industries India Dividend FAQ

Does Rasandik Engineering Industries India stock pay dividends?
Rasandik Engineering Industries India does not currently pay dividends to its shareholders.
Has Rasandik Engineering Industries India ever paid a dividend?
No, Rasandik Engineering Industries India has no a history of paying dividends to its shareholders. Rasandik Engineering Industries India is not known for its dividend payments.
Why doesn't Rasandik Engineering Industries India pay dividends?
There are several potential reasons why Rasandik Engineering Industries India would choose not to pay dividends to their shareholders:

1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.

2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.

3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.

4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.

5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
Will Rasandik Engineering Industries India ever pay a dividend?
The decision for a company to pay dividends depends on various factors including its financial performance, growth prospects, capital allocation priorities, and shareholder preferences. While Rasandik Engineering Industries India has not paid dividends historically and has instead focused on reinvesting its earnings for growth, it's ultimately up to the company's management and board of directors to decide whether to initiate a dividend policy in the future.
Is Rasandik Engineering Industries India a dividend aristocrat?
Rasandik Engineering Industries India is not considered a Dividend Aristocrat. The term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Rasandik Engineering Industries India a dividend king?
Rasandik Engineering Industries India is not classified as a "Dividend King". A Dividend King is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Rasandik Engineering Industries India a dividend stock?
No, Rasandik Engineering Industries India is not considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
How to buy Rasandik Engineering Industries India stocks?
To buy Rasandik Engineering Industries India you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees and account minimums.

Place an order: Use the brokerage's trading platform to place an order to buy Rasandik Engineering Industries India stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.